Jindal: Our 1.3 Billion Budget Hole
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Jindal: Our 1.3 Billion Budget Hole
Posted by Interception on 1/31 at 10:51 am
The governor seems scared about another round of cuts. Jindal is also pushing for eliminating the state income tax. Moreover, I am hearing is that sales taxes would need to be raised to 13-14%.

The state revenue has also been going up over the last few years. In other words, there is a huge spending problem by state and local governments. We have over 19,000 state contracts worth over a billion dollars. Although, even talking about cutting these contractors is taboo to Jindal.

I am for eliminating the income tax for a sales tax but we shouldn't have to pay 13-14% on sales tax. Texas is at about 8% sales tax.



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Posted by BugAC on 1/31 at 10:53 am to Interception
quote:

Interception


Can you provide a link to any of this?



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Posted by Decatur on 1/31 at 10:53 am to Interception
quote:

ndal is also pushing for eliminating the state income tax.





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Posted by BugAC on 1/31 at 10:54 am to Interception
quote:

The state revenue has also been going up over the last few years. In other words, there is a huge spending problem by state and local governments.





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Posted by bayoudude on 1/31 at 10:55 am to Interception
quote:

Texas is at about 8% sales tax.


But property taxes are much higher than ours. Jindal's plan seems to leave property taxes at current levels and only increase sales tax.



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Posted by Antonio Moss on 1/31 at 10:57 am to Interception
quote:

I am for eliminating the income tax for a sales tax but we shouldn't have to pay 13-14% on sales tax. Texas is at about 8% sales tax.


Texas also doesn't have the Homestead Exemption. I honestly think that should be the first to go before raising sales tax.



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Posted by Interception on 1/31 at 11:05 am to BugAC


I mean, how else can I explain it?

More money is coming in year after year but our budget hole is 1.3 billion. The spending has been growing yoy.




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Posted by BugAC on 1/31 at 11:06 am to Interception
quote:

More money is coming in year after year but our budget hole is 1.3 billion. The spending has been growing yoy.


Care to give a link to this?

I can't find anything that says we are facing $1.3 billion deficit hole. I can provide links where we have a surplus of $180 million last year.


This post was edited on 1/31 at 11:08 am

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Posted by Antonio Moss on 1/31 at 11:06 am to Interception
quote:

The spending has been growing yoy.


The spending isn't a new phenomenon. It's our state's inability to pay the ridiculous pensions of retired state works which were granted in the 60s-90s.



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Posted by Tchefuncte Tiger on 1/31 at 11:08 am to bayoudude
quote:

But property taxes are much higher than ours. Jindal's plan seems to leave property taxes at current levels and only increase sales tax.


The Homestead Exemption is the third rail of Louisiana politics.



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Posted by Tchefuncte Tiger on 1/31 at 11:08 am to Decatur


More like Pi-yush in the sky.



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Posted by Interception on 1/31 at 11:09 am to Antonio Moss
quote:

Texas also doesn't have the Homestead Exemption. I honestly think that should be the first to go before raising sales tax.


I completely agree with you. My feeling is that we shouldn't just eliminate income tax in one day. I believe Jindal needs to put out a plan that helps explain how the state pays for the tax cut. It just seems Jindal has a checklist of crap he wants to do so it looks good on his résumé when he runs for higher office.

I agree with him in theory on eliminating income taxes, but how we replace the revenue is hush-hush.



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Posted by BugAC on 1/31 at 11:09 am to BugAC
I've done a google search and am not coming up with anything.


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Posted by Interception on 1/31 at 11:12 am to Antonio Moss
quote:

The spending isn't a new phenomenon. It's our state's inability to pay the ridiculous pensions of retired state works which were granted in the 60s-90s.


Exactly, that's why privatizing pensions is inevitable. We simply cannot afford the burden long-term



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Posted by Interception on 1/31 at 11:13 am to BugAC
quote:

I've done a google search and am not coming up with anything.


Exactly, this isn't even being reported in the media.



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Posted by BugAC on 1/31 at 11:15 am to Interception
quote:

Exactly, this isn't even being reported in the media.


Well then how do you know it exists?

Shouldn't you have a source to cite if you are going to make these claims?

Not calling you a liar, but you haven't provided any proof.

I can see how we may be running some deficit, with the number of useless colleges and charity hospitals we have in this state, it's a wonder we aren't in horrible shape. But i believe Jindal's cuts and his pro-business incentives are helping to stabilize these costs.

But i'd like to see a link detailing the budget expenditures and how it leads to a $1.3 billion deficit.


This post was edited on 1/31 at 11:17 am

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Posted by Decatur on 1/31 at 11:18 am to Tchefuncte Tiger
quote:

More like Pi-yush in the sky.


good word play



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Posted by LSUgusto on 1/31 at 11:20 am to Interception
And the natural gas boom means Louisiana is supposed to be rocking. Meanwhile, our roads are going to shite yet again.

How is it that Louisiana has produced so much of a goldmine commodity with barely shite to show for it?

I know it makes some individuals very wealthy (which usually precedes their departure from the state). But, so much of our infrastructure is a big fail. Other states seem to do much better with far less.



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Posted by Turbeauxdog on 1/31 at 11:23 am to Antonio Moss
quote:

Texas also doesn't have the Homestead Exemption. I honestly think that should be the first to go before raising sales tax.


Yes it does



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Posted by Colonel Flagg on 1/31 at 11:23 am to Interception
The governor appears to be trying to fix spending issues. People might disagree with the specific cuts and proposals, but atleast he is doing something.

I don't hear anything about the legislature confronting the problem. They are the group who has the power to really fix the problem.



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